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Cyberplex to acquire Tsavo Media in deal valued at US$75 million

Tue, 05/18/2010 - 5:30am
The Associated Press

Web advertising specialist Cyberplex Inc. (TSX: CX) says it has an agreement to acquire Waterloo, Ont.-based Tsavo Media in a deal valued at US$75 million. Toronto-based Cyberplex also plans to raise C$30 million through an equity financing to help pay for the Tsavo acquisition.

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